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P.A.M. Transportation Services (P.A.M. Transportation Services) Cyclically Adjusted FCF per Share : $0.98 (As of Dec. 2023)


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What is P.A.M. Transportation Services Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

P.A.M. Transportation Services's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.610. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, P.A.M. Transportation Services's average Cyclically Adjusted FCF Growth Rate was 100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of P.A.M. Transportation Services was 33.10% per year. The lowest was -41.50% per year. And the median was -9.50% per year.

As of today (2024-04-28), P.A.M. Transportation Services's current stock price is $16.84. P.A.M. Transportation Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.98. P.A.M. Transportation Services's Cyclically Adjusted Price-to-FCF of today is 17.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of P.A.M. Transportation Services was 412.44. The lowest was 14.24. And the median was 36.94.


P.A.M. Transportation Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for P.A.M. Transportation Services's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

P.A.M. Transportation Services Cyclically Adjusted FCF per Share Chart

P.A.M. Transportation Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.76 -0.66 -0.21 0.49 0.98

P.A.M. Transportation Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.81 0.89 0.98 -

Competitive Comparison of P.A.M. Transportation Services's Cyclically Adjusted FCF per Share

For the Trucking subindustry, P.A.M. Transportation Services's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


P.A.M. Transportation Services's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, P.A.M. Transportation Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where P.A.M. Transportation Services's Cyclically Adjusted Price-to-FCF falls into.



P.A.M. Transportation Services Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, P.A.M. Transportation Services's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.61/129.4194*129.4194
=0.610

Current CPI (Dec. 2023) = 129.4194.

P.A.M. Transportation Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.044 99.695 -0.057
201406 0.287 100.560 0.369
201409 0.397 100.428 0.512
201412 0.190 99.070 0.248
201503 0.242 99.621 0.314
201506 -0.485 100.684 -0.623
201509 -1.109 100.392 -1.430
201512 -0.871 99.792 -1.130
201603 -0.190 100.470 -0.245
201606 -0.260 101.688 -0.331
201609 -0.059 101.861 -0.075
201612 -0.960 101.863 -1.220
201703 0.324 102.862 0.408
201706 0.139 103.349 0.174
201709 -0.266 104.136 -0.331
201712 -0.872 104.011 -1.085
201803 0.100 105.290 0.123
201806 -0.511 106.317 -0.622
201809 0.673 106.507 0.818
201812 0.097 105.998 0.118
201903 0.493 107.251 0.595
201906 0.608 108.070 0.728
201909 -0.773 108.329 -0.923
201912 -0.147 108.420 -0.175
202003 0.015 108.902 0.018
202006 0.895 108.767 1.065
202009 -0.332 109.815 -0.391
202012 0.262 109.897 0.309
202103 0.956 111.754 1.107
202106 1.080 114.631 1.219
202109 0.516 115.734 0.577
202112 1.061 117.630 1.167
202203 1.382 121.301 1.474
202206 0.956 125.017 0.990
202209 1.096 125.227 1.133
202212 1.241 125.222 1.283
202303 1.259 127.348 1.279
202306 1.190 128.729 1.196
202309 0.566 129.860 0.564
202312 0.610 129.419 0.610

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


P.A.M. Transportation Services  (NAS:PTSI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

P.A.M. Transportation Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.84/0.98
=17.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of P.A.M. Transportation Services was 412.44. The lowest was 14.24. And the median was 36.94.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


P.A.M. Transportation Services Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of P.A.M. Transportation Services's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description

Traded in Other Exchanges
N/A
Address
297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770
P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.
Executives
Edwin J. Lukas director 12225 STEPHENS ROAD, WARREN MI 48089
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis director 7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto director, officer: President and CEO P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop director P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano director P.O. BOX 188, TONTITOWN AR 72770
Allen West officer: VP Finance, CFO, Secy, Treas POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon officer: Chief Operating Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty director 297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman director, officer: President PO BOX 188, TONTITOWN AR 72770
Norman E Harned director 12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard officer: EXECUTIVE VICE PRESIDENT PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart officer: VP Fin, CFO, Sec. and Treas. POST OFFICE BOX 188, TONTITOWN AR 72770